Fare Construction
Fare Construction is a specialized area in the airline industry that involves determining how airline ticket prices are built and calculated. It's like putting together a puzzle of different pricing components to create the final ticket cost. This includes understanding rules about routes, seasonal pricing, taxes, and special conditions that affect ticket prices. Travel professionals use this knowledge to create and price airline tickets correctly, ensure compliance with airline regulations, and find the best possible fares for customers.
Examples in Resumes
Managed complex international Fare Construction projects resulting in 15% revenue increase
Trained new staff on Fare Construction and ticketing principles using GDS systems
Specialized in Fare Construction and Fare Rules interpretation for multi-city international flights
Typical job title: "Fare Construction Specialists"
Also try searching for:
Where to Find Fare Construction Specialists
Professional Organizations
Job Boards
Professional Networks
Example Interview Questions
Senior Level Questions
Q: How would you handle a complex international fare with multiple carriers and routing options?
Expected Answer: Should explain their process for analyzing different route combinations, understanding interline agreements, maximizing revenue while maintaining competitiveness, and ensuring compliance with various airline policies.
Q: Describe a situation where you improved fare construction processes in your previous role.
Expected Answer: Should provide examples of implementing efficiency improvements, training programs, or automated solutions that enhanced accuracy and reduced pricing errors.
Mid Level Questions
Q: What factors do you consider when constructing a fare for a multi-stop journey?
Expected Answer: Should mention consideration of stopover rules, minimum/maximum stay requirements, seasonal variations, and combination of different fare types.
Q: How do you stay updated with airline fare rules and pricing changes?
Expected Answer: Should discuss methods for keeping current with industry updates, airline bulletins, and pricing policy changes, including use of industry resources and training.
Junior Level Questions
Q: What are the basic components of a ticket fare?
Expected Answer: Should be able to explain basic elements like base fare, taxes, fees, surcharges, and how they combine to create the total ticket price.
Q: Explain the difference between one-way and round-trip fare construction.
Expected Answer: Should demonstrate understanding of basic fare types and how pricing differs between one-way and round-trip tickets, including common rules and restrictions.
Experience Level Indicators
Junior (0-2 years)
- Basic fare calculations
- Understanding of ticket components
- Knowledge of common fare rules
- Basic GDS system usage
Mid (2-5 years)
- Complex fare calculations
- Multiple carrier fare construction
- Advanced ticketing rules
- Revenue optimization techniques
Senior (5+ years)
- Strategic pricing decisions
- Team leadership and training
- Process improvement
- Market analysis and forecasting
Red Flags to Watch For
- No knowledge of basic airline terminology
- Lack of experience with any GDS (Global Distribution System)
- Unable to explain basic fare components
- No understanding of airline geography and routing
- Unfamiliarity with common airline codes and abbreviations
Related Terms
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